Who we are
C-Risk helps project owners structure effective insurance & risk management programs
C-Risk is a consulting company formed by David Grenier to provide risk management advisory and consulting services to the construction industry. Unlike other risk management consultants that are extensions of insurance brokerages, or risk management consultants who are directly affiliated with these brokers, C-Risk is an independent risk management consultant. David established C-Risk to provide objective and unbiased advice and insight to project owners in the public and private sector who are involved with large capital construction, infrastructure and transportation projects.
Before starting C-Risk, David worked in construction management for several ENR Top 100 engineering & construction firms. After completing his MBA degree at The University of Chicago, David entered the insurance industry as an underwriter working on large construction accounts. He later managed insurance underwriting teams to develop programs, products and services focused on construction risks.
David served as both a Risk Manager and Director of Risk Management with public transit agencies. He has also helped private companies establish their risk management departments to manage insurance & risk management programs. He structured, implemented, and managed several wrap-up insurance programs for construction and transportation projects. David is a strategic thinker who has dedicated his career being a risk management strategist with demonstrated capabilities in structuring effective risk transfer, risk financing, and risk management strategies on construction projects and for ongoing operations.
David applied his construction management knowledge and MBA in finance with his practical experience on construction projects to gain national recognition as a subject-matter expert on structuring effective wrap-up insurance programs, predominantly OCIPs. David provides pragmatic and objective risk management advice and insight to resolve challenging risk transfer and risk financing issues.
David established C-Risk on the premise that there is a better option for project owners to obtain objective risk management advice without any conflict of interest, which is sometimes the case when project owners obtain advice from insurance brokers with conflicting financial incentives. David’s philosophy he has adopted for C-Risk is simple! It is based on three core values:
- Expert by Experience
- Powered by Knowledge
- Guided by Principle
C-Risk does not subscribe to the conventional wisdom of “that’s how it’s always been done” used by many insurance brokers to establish a client’s insurance & risk management program. C-Risk takes a more strategic approach to evaluate a client’s risk management requirements. We focus on understanding a client’s specific risks and exposures to conceptualize a risk profile. Then we determine a client’s risk appetite and risk tolerance to develop an effective risk management strategy. This is definitely a key point of differentiation of C-Risk. We are cognizant of the numerous types of risks that are intrinsic to construction projects and to a project owner’s ongoing operations. It is imperative to have an professional advisor on your team who can effectively and efficiently assess these types of risks expeditiously. C-Risk is compelled to provide its clients with advisory services to address complex risk management challenges and structure effective risk management programs to mitigate liabilities and reduce the cost of risk.